Coca-Cola plans to move quickly when it finds acquisition targets

Coca-Cola, the Georgia listed beverage company, plans to move quickly when it finds acquisition targets, reported the Wall Street Journal. The report, citing Muhtar Kent, Coca-Cola’s president and chief operating officer, said that the company will move fast when it discovers an acquisition target. According to the report, Kent said that the company is not looking to buy the stake in Coca-Cola Enterprise, the Atlanta bottler, that it does not own. The report was part of a broad story looking at plans for Coca-Cola under Kent. Coca-Cola has a market capitalization of USD 9.7bn.